Quebecers can pay off a mortgage more easily than elsewhere in the country

Quebecers seem to have less difficulty paying their mortgage than elsewhere in Canada, according to a survey by the firm Angus Reid.

The results of the survey released on Monday show that a majority of Quebecers (55%) have no difficulty in paying this monthly payment and that they have money left over for their personal expenses. This figure is well above the Canadian average (42%).

The situation is similar for those who rent accommodation, since 36% of the inhabitants of La Belle Province indicated that they had no difficulty in paying this monthly payment and that they had money left over for their personal expenses, compared to 26% nationally. Conversely, more than one in five Albertans reported having real difficulty paying their rent.

“There is also a difference between ages when it comes to whether Canadians who own a home or pay a mortgage. Younger Canadians are less likely to own their home, but there is a noticeable gap at age 54. Among those over 54, the majority say they do not pay a mortgage, ”we can also read in the survey report.

The probe was carried out with 1622 people, between February 11 and 13, 2022.

See also

Leave a Replay